Ethiopian Re’s shareholding structure is a concoction of partnerships drawn from public and private sectors. The Company has diverse shareholders, which currently comprise of seven Banks, seventeen insurance companies, eighty individual coming from different walks of life and one trade union. The subscribed share capital of the Company is Birr 2.5 billion (Equivalent to USD50 million). The Company’s Board comprises of nine members representing individual and institutional shareholders and who possess invaluable experience amassed through working in insurance, reinsurance and other financial institutions. The Board is responsible to manage the affairs of the Company by laying down strategic directions and implementation of same to the expectations of the shareholders and other stakeholders.